BEIJING (Asian Metal) 16 Dec 22 – As few suppliers would like to send their goods to European warehouse in advance due to the negative demand expectation in this winter, European ferrovanadium spot market saw tight supply temporarily during the past week. Suppliers had strong intention to increase their prices, but few terminal users follow up and the market mentality stayed in a stalemate. At present, the mainstream prices of European ferrovanadium 80%min stay at USD33-33.5/kg V in warehouse Rotterdam, unchanged from late last week. Considering that the current tight supply in spot market continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would stay firm in the coming week.
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